The British government website recently announced that the UK Export Finance Agency (UKEF) and the Central American Bank for Economic Integration (CABEI) signed a memorandum of understanding on August 12 to establish a partnership. The partnership will encourage co-financing of major clean energy, infrastructure and construction projects in Central America that require British expertise. The beneficiary countries include Dominica, Panama, Guatemala, Honduras, El Salvador, Nicaragua and Costa Rica.

In the past year, several Central American countries have benefited from a significant increase in UKEF borders due to the establishment of a large presence in the region. This means that Guatemala, Honduras and Panama have at least £2.5 billion in new businesses, and Costa Rica, El Salvador and Nicaragua have at least £1.5 billion in new businesses.

UKEF Managing Director Louis Taylor said: "I am very pleased to sign a memorandum of understanding with CABEI today. To this end, we agreed to strengthen cooperation between our two organizations to support the UK's efforts in Central America. Find and fund export-related projects. .

CABEI Executive Chairman Dante Mossi said: "By working together, we can bring more British experiences to Central America. CABEI is committed to supporting the UK in realizing its global British ambitions. The Memorandum of Understanding is a social partnership between the two markets.

CABEI is a major development bank in Central America and the highest-rated borrowing institution in Latin America. The cooperation agreement will promote closer cooperation between the two institutions and will fund major Central American projects involving British exports and support for British businesses and employment.

Keywords: infrastructure construction, infrastructure construction, infrastructure engineering news

UKEF is the UK's export credit agency. It provides financing and insurance to UK exporters, helping them win, fulfill export contracts and earn profits. Editor/Xu Shengpeng